tomtomboombang
Newbie
- Messages
- 7
- Likes
- 0
Technically this looks like a sell as long as the market remains below the major Gann level of 1048.43. If the market continues down the major Gann support of 994.80 (25.00%) or the minor Fibonacci level of 991.79 (23.60%) could well be tested soon.The correspodance of the Gann and Fibonacci support levels makes it even more technically signficant. Below these levels there is a major (0.00%) Fibonacci support at 941.17.